bringing the annual inflation rate to 2.8%. The economists had forecasted 2.9% for the year and 0.3% for the month, but inflation didn’t rise as much as expected. The core CPI, which removes ...

The overall inflation rate fell to just 2.9% in July from the nearly 9% pace set in June 2022. It was the first time that the annual pace ... at least a quarter of a percentage point at their ...